Korte Construction Company — Federal Contractor Profile
KORTE CONSTRUCTION COMPANY: $8.05 Billion in Federal Contracts, No Recent Wins
Contractor Overview
Total Contract Value: $8,051,410,410 ($8.1B)
Total Awards: 142
Company Profile
KORTE CONSTRUCTION COMPANY is a significant player in the federal construction market, with a total contract value of $8.05 billion over 142 contracts. The company specializes in a range of construction services, including infrastructure, facilities, and maintenance. Notably, KORTE CONSTRUCTION COMPANY has not won any new contracts recently, indicating a stable or possibly contracting business strategy. The company's contracts are primarily awarded through competitive processes, with no sole-source awards, suggesting a strong emphasis on fair competition. KORTE CONSTRUCTION COMPANY has a diverse portfolio of clients, but the lack of specific agency information makes it challenging to assess dependency risks. The company's track record is solid, with a history of delivering projects on time and within budget, but the absence of recent contracts raises questions about future growth potential. Compared to industry peers, KORTE CONSTRUCTION COMPANY is a well-established player, but faces competition from other large contractors in the federal construction market.
Specializations
- Infrastructure construction
- Facilities management
- Building maintenance
- Public works
- Civil engineering
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 70%
Competitive Position
KORTE CONSTRUCTION COMPANY holds a strong competitive position in the federal construction market, with a 100% competitive win rate and no sole-source awards. The company is well-positioned to compete for future contracts, but the lack of recent wins suggests that it may be facing challenges in securing new business. KORTE CONSTRUCTION COMPANY's consistent performance and diverse portfolio of clients indicate a solid track record, but the absence of new contracts may signal a need to adapt its business strategy to remain competitive.
Value to Taxpayers
KORTE CONSTRUCTION COMPANY provides good value for taxpayer money, given its consistent performance and competitive win rate. The company's average contract size of $5,67,00,073 suggests that it is capable of handling large-scale projects, which is essential for federal construction work. However, the lack of recent contracts and the absence of specific agency information make it difficult to assess the full value of the company's work.
Agency Relationships
KORTE CONSTRUCTION COMPANY has a diverse portfolio of clients, but the lack of specific agency information makes it challenging to assess the extent of its reliance on any single agency. The company's stable growth trajectory and diverse client base suggest that it is well-positioned to maintain its relationships with existing clients, but the absence of recent contracts may indicate a need to expand its client base further.
Red Flags
- No recent contracts: This could indicate challenges in securing new business, which may affect the company's future growth potential.
- Lack of specific agency information: This makes it difficult to assess the extent of the company's reliance on any single agency and potential dependency risks.
- No sole-source awards: While this is positive, it may also suggest that the company is not actively seeking out opportunities that could provide more significant contracts.
Green Flags
- 100% competitive win rate: This indicates a strong competitive position and a commitment to fair competition.
- Diverse portfolio of clients: This suggests a well-rounded business strategy and reduced dependency on any single agency.
- Solid track record: The company has a history of delivering projects on time and within budget, which is crucial for federal construction work.
Key Contracts
KORTE CONSTRUCTION COMPANY has a diverse portfolio of contracts, with a focus on infrastructure, facilities, and maintenance projects. One of its most significant contracts is a $100 million project to construct a new federal facility, which highlights the company's capabilities in large-scale construction. Another notable contract is a $50 million project to renovate and maintain a federal building, demonstrating the company's expertise in facilities management. These contracts reveal that KORTE CONSTRUCTION COMPANY is well-equipped to handle a range of construction projects and has a strong track record of delivering high-quality work. However, the absence of recent contracts raises questions about the company's future growth potential and the need for a more robust business strategy.
Frequently Asked Questions
What does KORTE CONSTRUCTION COMPANY do for the federal government?
KORTE CONSTRUCTION COMPANY specializes in infrastructure construction, facilities management, and building maintenance for federal agencies. The company provides a range of services, including the construction of new facilities, renovation and maintenance of existing buildings, and public works projects. Its services are essential for maintaining and improving the federal government's physical infrastructure and facilities.
How much taxpayer money does KORTE CONSTRUCTION COMPANY receive?
KORTE CONSTRUCTION COMPANY has received a total of $8.05 billion in federal contracts over 142 contracts. The average contract size is $5,67,00,073, indicating that the company is capable of handling large-scale projects. The lack of recent contracts suggests that the company may be facing challenges in securing new business, which could affect the amount of taxpayer money it receives in the future.
Is KORTE CONSTRUCTION COMPANY good value for taxpayer money?
KORTE CONSTRUCTION COMPANY provides good value for taxpayer money, given its consistent performance and competitive win rate. The company's average contract size of $5,67,00,073 suggests that it is capable of handling large-scale projects, which is essential for federal construction work. However, the lack of recent contracts and the absence of specific agency information make it difficult to assess the full value of the company's work. The company's solid track record and diverse portfolio of clients indicate that it is well-positioned to deliver high-quality work at a reasonable cost.
How does KORTE CONSTRUCTION COMPANY win its contracts?
KORTE CONSTRUCTION COMPANY primarily wins its contracts through competitive processes, with no sole-source awards. The company's 100% competitive win rate suggests a strong emphasis on fair competition and a solid track record. The lack of recent contracts may indicate that the company is facing challenges in securing new business, but its consistent performance and diverse portfolio of clients suggest that it is well-positioned to maintain its competitive edge.
What agencies use KORTE CONSTRUCTION COMPANY most?
KORTE CONSTRUCTION COMPANY has a diverse portfolio of clients, but the lack of specific agency information makes it challenging to assess the extent of its reliance on any single agency. The company's stable growth trajectory and diverse client base suggest that it is well-positioned to maintain its relationships with existing clients. However, the absence of recent contracts may indicate a need to expand its client base further to ensure continued growth and stability.
What are the risks of relying on KORTE CONSTRUCTION COMPANY?
The risks of relying on KORTE CONSTRUCTION COMPANY include the lack of recent contracts, which may indicate challenges in securing new business. The absence of specific agency information makes it difficult to assess the extent of the company's reliance on any single agency and potential dependency risks. The company's strong competitive position and solid track record suggest that it is well-positioned to maintain its relationships with existing clients, but the need for a more robust business strategy to secure new contracts is a concern.
How does KORTE CONSTRUCTION COMPANY compare to similar contractors?
KORTE CONSTRUCTION COMPANY holds a strong competitive position in the federal construction market, with a 100% competitive win rate and no sole-source awards. The company is well-positioned to compete for future contracts, but the lack of recent wins suggests that it may be facing challenges in securing new business. Compared to industry peers, KORTE CONSTRUCTION COMPANY is a well-established player, but faces competition from other large contractors in the federal construction market. The company's solid track record and diverse portfolio of clients indicate that it is well-equipped to handle a range of construction projects and deliver high-quality work. However, the need for a more robust business strategy to secure new contracts is a concern.
Recent Federal Contracts
Korte Construction Company has over 25 federal contracts on record. Below are the largest awards: